New York, NY -- (SBWIRE) -- 02/19/2019 -- Organizations are experiencing need to administer access to applications and information distributed across internal and external application systems. Moreover, this access must be granted to an increasing number of identities, existing both inside and outside the organization, without compromising on security front. Enterprises are more inclined towards enforcing multiple channel user access, including social, cloud and mobile. Simultaneously, they must cater to business needs such as compliance & audit reporting, role management and integration of various user populations. Identity and access management solutions reduce risk and strengthen compliance by monitoring and protecting user access in multi-perimeter environments. These identity and access management solutions aid safeguarding valuable data and applications with security policy enforcement, context-based access control and business-driven identity governance. Fundamental functionality includes fulfillment of access requests, automated provisioning of accounts among heterogeneous systems, password management, control over user access to target systems via automated policies & workflows and access certification processes.

Emergence of cloud-based identity and access management solutions have boosted the growth of the market. Introduction of mandatory policies by national governmental cyber authorities to avoid data loss and strengthen security is a major factor driving the growth of identity and access management solution market. Furthermore, persisting risk of cyber-attack to steal company confidential data is aiding growth of the market. On the other hand, complexity of solution integration and compatibility requirements is hindering the growth of identity and access management market.

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Global Identity and Access Management market is segmented by: deployment mode, service, vertical and by region

Identity and Access Management by Deployment Mode

On-Premise Deployment
Cloud-Based Deployment

Identity and Access Management by Service

Consulting
Integration & Implementation
Maintenance Service

Identity and Access Management by Vertical

Public
Retail
Transportation & Logistics
Media & Entertainment
IT & Telecommunication
BFSI
Energy & Utility
Healthcare
Others

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